When life calls for a little extra, Bank of Baroda Home Loan Top-Up is here to help. Whether you want to build an extension, or upgrade your interiors, top-up loan offer the perfect solution. With an easy application process and minimal additional paperwork, you can quickly access the funds you need.
Bank of Baroda Home Loan Top Up Highlights
Here’s a quick overview of the key features—interest rates, loan amounts, and fees—so you can decide if the home loan is the right choice for you.
| Aspects | Highlights |
|---|---|
| Interest Rate | 8.00% p.a. onwards |
| Loan Tenure | If the linked home loan is closed, the Top-Up Loan can still be repaid over its sanctioned tenure. No new Top-Up Loans or enhancements allowed after closing the linked home loan. Must be fully repaid within 4 years of the linked home loan’s pre-closure |
| Loan Amount | ₹1 Lakh – ₹10 Crore |
| Processing Fees | 0.35% Minimum: ₹5,000 Maximum: ₹12,500 |
Check Out: Bank of Baroda Interest Rate Calculator
Bank of Baroda Home Loan Top Up Interest Rates
Check out the interest rates for home loan in 2025 to get an idea of your potential EMI and costs.
| Conditions | Repo Rate + Spread | Effective Rate of Interest |
|---|---|---|
| For Salaried & Non-Salaried | Applicable ROI on the linked Home Loan (based on BRLLR on the date of top-up) + Strategic Premium (0.25 %) + 0.60 % | 8.00% p.a. onwards |
Suggested Read: Bank of Baroda Home Loan Interest Rates 2025
Bank of Baroda Home Loan Top Up Eligibility Criteria
Find out the basic eligibility requirements, such as age, income, and existing home loan status, before applying for a home loan.
| Aspect | Details |
|---|---|
| Eligible Borrowers | • All existing Bank of Baroda home-loan customers (including staff/ex-staff on public or staff housing schemes). • NRIs / PIOs whose home-loan asset classification is standard. |
| Age | Indians: 21 Years – 70 years NRIs/ PIOs: 21 Years – 65 Years |
| Valuation Norms for Mortgaged Property | • Acquired ≤ 3 years ago: use the lower of the registered sale-deed price or current realisable value. • Acquired > 3 years ago: obtain a fresh valuation from a Bank-approved valuer; use present realisable value. • Take-over cases: fresh valuation by a Bank-approved valuer; ensure margin and LTV comply with scheme rules. |
Suggested Read: Bank of Baroda Home Loan Account Login
Bank of Baroda Home Loan Top Up Processing Fee
Understand the processing fees involved so you can factor them into your overall cost when opting for a home loan.
| Product | Processing Fees |
|---|---|
| Home Loan Top Up | 0.35% Minimum: ₹5,000 Maximum: ₹12,500 |
Suggested Read: How Long Does Home Loan Disbursement Take After Approval?
Bank of Baroda Home Loan Top Up Other Fees and Charges
Be aware of any extra charges, such as prepayment penalties or overdue fees, that may apply to your home loan.
| Charge Type | Amount |
|---|---|
| Takeover of Home Loan | – Loans up to ₹20 lakh: 0.35% of the loan amount – Loans above ₹20 lakh: 0.40% of the loan amount – Maximum: ₹15,000 (Service tax applicable separately) |
| Prepayment Charges | Nil for all home loans |
| Inspection Charges | – First Post-Inspection: No charge – Second & Onwards: ₹100 + out-of-pocket and conveyance charges (per inspection) + GST |
| Legal Reports / Valuation Charges | Actual charges as per legal and valuation fees incurred |
| Conversion Charges (Fixed to Floating) | – One-time process – 0.50% per year of the residual loan period (maximum 2% of outstanding loan) + GST – Premature Closure Fee: 0.5% of balance outstanding per year (maximum 3%) |
| Conversion Charges (Floating to Fixed) | Not Available |
Suggested Read: Bank of Baroda Home Loan Repayment Process
Bank of Baroda Home Loan Top Up Documents Required
Ensure you have all the necessary documents ready, from identity proof to income statements, to make the home loan application process smooth.
General Documents
| Document Category | Details / Notes |
|---|---|
| Application Form & Photos | Duly filled and signed application form + 3 photographs |
| Proof of Identity | PAN Card (mandatory for loan amounts above ₹ 10 lakh) |
| Alternate ID Proofs | Any one: Driver’s Licence / Voter ID / Passport / Aadhaar Card |
| Proof of Residence | Any one: Driver’s Licence, Ration Card, Voter ID, Passport, Aadhaar Card, or Registered Rent Agreement |
| Previous Loan Evidence | Last 1-year loan a/c statement and sanction letter. (If the loan is from BoB, also provide Account No. & Cust ID) |
| Proof of Assets | Documents for LIC, NSC, KVP, Mutual Funds, Property, etc. |
| Assets & Liabilities Statement | Comprehensive current statement |
| ITR Verification Report | Latest Income-Tax-Return verification report |
Also Read: Property Documents for Home Loans: NRI vs Indians
Income Proof for Salaried
| Salaried Individuals – Required Income Documents |
|---|
| Latest 3 salary slips (plus 1 slip for each guarantor, if any) |
| Form 16 + ITR (past 1 year) |
| Employee ID card copy |
| Appointment / promotion / increment letter |
| 6-month salary-account statement(or simply BoB A/c No. if already banking with BoB) |
Income Proof for Self Employed
| Self-Employed / Professionals – Required Income Documents |
|---|
| Balance Sheet, Profit & Loss A/c, and income computation (last 2 years) |
| ITR + Form 26AS (last 2 years) |
| Business proof – Gumasta licence, registration certificate, GST/Service-Tax, etc. |
| Tax assessment / clearance orders, challans, TDS certificates (Form 16A) |
| Additional if Partnership / Pvt Ltd: |
| • Firm’s PAN & address proof |
| • MoA & AoA |
| • Audited results + ITR (last 2 years) |
| • Current A/c statement (last 1 year) |
How to Apply for Bank of Baroda Home Loan Top Up?
The application process is easy—simply fill in your details, upload the required documents, and get started on your loan.
Time needed: 5 minutes
- Visit the official Bank of Baroda website.
- Go to the Home Loans section and select “Baroda Home Top Up Loan.” Click “Apply.”
- Fill Out Personal Details
a. Enter your Full Name and Email ID in the provided fields.
b. Select your Preferred Branch, including State, City, and Address. - Upload Documents
Upload scanned copies of your KYC documents, income proofs, and property documents.
- Submit Application
a. Agree to the terms and conditions by ticking the box.
b. Click on ‘Submit’ to finalize your application.
Suggested Read: Minimum CIBIL Score for BOB Home Loan
Compare Top Banks Home Loan Top Up Interest Rates 2025
Explore home loan top-up offers from different banks to find the best deal that fits your needs.
| Bank | Interest Rate (p.a.) |
|---|---|
| State Bank of India | 8.00% onwards |
| HDFC Bank | 8.70% – 9.55% |
| ICICI Bank | 8.75% onwards |
| Axis Bank | 8.75% – 12.80% |
| Kotak Mahindra Bank | 8.65% onwards |
| Punjab National Bank | 8.50% onwards |
| Bank of Baroda | 8.40% onwards |
Conclusion
Credit Dharma is your trusted partner for securing the best Home Loan offers, with over ₹500 Cr+ loans handled and partnerships with 20+ leading banks. We provide exclusive access to the lowest interest rates and a seamless, digital process with fast approvals in just 1-2 weeks, backed by lifetime support from our home loan experts.
Why choose Credit Dharma? We provide:
- Lowest Interest Rates: Save more with every EMI.
- Maximum Funding: Get up to 100% funding for your dream home.
- Simple & Digital Process: No tedious paperwork or branch visits.
- Expert Guidance: Lifetime support from our team of specialists.
Compare, choose, and secure the best Home Loan offer with Credit Dharma — your home loan journey starts here!
Frequently Asked Questions
Existing home loan borrowers with a good repayment track record and a satisfactory credit score are typically eligible for a top-up loan.
Funds from a top-up loan can be used for personal or professional needs, such as home renovation, education, medical expenses, or debt consolidation.
The loan amount varies based on the lender’s policies, your repayment capacity, and the value of the property. Some lenders offer up to 100% of the existing home loan amount.
The tenure for a top-up loan is usually aligned with the remaining tenure of your existing home loan, up to a maximum of 20 years.
Yes, a top-up loan is secured against your property and typically offers lower interest rates and longer tenures compared to unsecured personal loans.
Transferring a top-up loan to another lender is possible through a balance transfer, subject to the new lender’s policies.
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